A report by the CFPB delves into peoples' financial lives with a focus on how they understand and achieve financial well-being. The investigation is part of a broader effort on the part of the CFPB to establish best practices for financial literacy training. Using findings from qualitiative interviews, the CFPB found four broad behaviors that contribute to financial well-being: managing money, research/knowledgeseeking, planning/goal-setting, and follow-through. The report concludes that financial literacy programs must seek to go beyond increasing consumers’ knowledge of financial facts, helping consumers develop the skills, experience and familiarity and self-confidence to meaningfully engage in those behaviors that will help increase their financial well-being.